SimonTan 2nd Gear January 12, 2012 Share January 12, 2012 Does this mean I can loan the pro rated 3 year value of a Porsche. Say a $350,000 Panemera. Can loan only the 3 years portion of its worth? No need to take the full $350,000 loan?? Sounds like a good deal. http://motoring.asiaone.com/Motoring/News/...112-321364.html Porsches more affordable with new financing scheme SINGAPORE - German sports car maker Porsche's financing arm is teaming up with Hong Leong Finance to enter the high-value car loan business here, reported The Straits Times. Under the scheme - ↡ Advertisement Link to post Share on other sites More sharing options...
Iamrichardhutsetau Clutched January 13, 2012 Share January 13, 2012 when the recession come, all these porches will be going for peanuts Link to post Share on other sites More sharing options...
Tanolis Neutral Newbie January 13, 2012 Share January 13, 2012 Looks like they are trying to do the American style leasing? Where you can lease a certain amount of time, and return the car after the leasing period? Link to post Share on other sites More sharing options...
Canarywharfgooner 1st Gear January 13, 2012 Share January 13, 2012 Looks like they are trying to do the American style leasing? Where you can lease a certain amount of time, and return the car after the leasing period? Why is "leasing a certain amount of time, and return the car after the leasing period" known as AMERICAN style leasing? Isn't it just plain leasing? Link to post Share on other sites More sharing options...
Nightsky 1st Gear January 13, 2012 Share January 13, 2012 Why is "leasing a certain amount of time, and return the car after the leasing period" known as AMERICAN style leasing? Isn't it just plain leasing? [laugh] why must call American Leasing? Isn't it also known as Operating Lease as defined by IAS 17? Link to post Share on other sites More sharing options...
Canarywharfgooner 1st Gear January 13, 2012 Share January 13, 2012 [laugh] why must call American Leasing? Isn't it also known as Operating Lease as defined by IAS 17? In that case, why is it not a Finance Lease? Link to post Share on other sites More sharing options...
Soya Supersonic January 13, 2012 Share January 13, 2012 Does this mean I can loan the pro rated 3 year value of a Porsche. Say a $350,000 Panemera. Can loan only the 3 years portion of its worth? No need to take the full $350,000 loan?? Sounds like a good deal. U looking to buyt the pana as the family runabout izit? the 3-yr depreciation of a 350k panemera alone is prob higher than the cost of a regular family car itself. Link to post Share on other sites More sharing options...
SimonTan 2nd Gear January 13, 2012 Author Share January 13, 2012 Maybe can lease a second hand Panamera. Where the initial depreciation has being knocked off the price. ↡ Advertisement Link to post Share on other sites More sharing options...
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